SMALL BIZ LOANS
Credit: WEVV
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Small businesses experiencing hardship due covid-19 can now apply for emergency relief again.
The small business administration reopening its economic- injury disaster-loan and e-i-d-l advance grant portal for businesses and nonprofits affected by the pandemic.
Advances will provide businesses up to 10-thousand dollars or one- thousand dollars per employee...in emergency grants that do not have to be repaid.
For the last month -- the portal had only been accepting applications from agricultural businesses.
It's an outcome no one wants, but could become a "harsh reality" -- during a second wave of shut- downs.
Weeks after lifting stay-at- home orders-- some states are seeing a record number of new covid-19 cases.
44-news reporter jake thomas has the story.
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